Schneider Electric Strengthens Position in European Remote Management Market by Acquiring France's Napac
Rueil Malmaison, France – September 07, 2006 – Schneider Electric announced today that its Sorhodel Bardin SAS subsidiary has acquired Napac SA, an Air Liquide subsidiary that is a leading French provider of intelligent remote management solutions for the infrastructure market.
Napac designs, builds and markets a comprehensive portfolio of software and equipment to deliver end-to-end remote management solutions, comprising dedicated PLCs, SCADA software, web interfaces and other features, for a wide variety of customer applications, such as gas and fluids storage, water networks, refrigerated warehouses, control room management, power generation and HVAC engineering. It reported nearly €6 million in revenue in 2005.
The acquisition has enabled Schneider Electric to extend the range of products and solutions offered by Sorhodel Bardin, which is specialized in remote management and control solutions for the energy and infrastructure markets. In addition, a multi-year contract with Air Liquide, signed in conjunction with the acquisition, has strengthened the partnership between the two companies.
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Schneider Electric is the world's power and control specialist. Through its world-class brands, Merlin Gerin, Square D and Telemecanique, Schneider Electric anticipates and satisfies its customers' requirements in the residential, building, industry and energy and infrastructure markets. With 92,000 employees and operations in 130 countries, Schneider Electric generated revenue of €11.7 billion in 2005 through 13,000 distributor outlets. www.schneider-electric.com